The oncoming inevitable shortage in battery grade lithium chemicals were reflected in overnight US listed lithium producers ALB and SQM Tesla also rallied strongly due to faster than expected completion and production at Shanghai together with the realization that NEV credits at 12% and stable subsidies for 2020 means strong profits for Tesla this year.
Forward implied lithium prices are up strongly as a result as reflected by Ganfeng and Chinese insider knowledge.
not advice
GXY Price at posting:
$1.27 Sentiment: Buy Disclosure: Held
